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Illinois Readying $500 million Competitive GO Sale
by: Yvette Shields
Friday, January 18, 2013
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Illinois will take competitive bids on $500 million of GOs later this month in its first borrowing of the New Year and first test of market reaction to the General Assembly's failure to overhaul pensions.

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Commentary - When It May Be Virtually Free to Be Tax Free
Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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